abrdn Asian Income Fund (LON:AAIF) Reaches New 52-Week High – Time to Buy?

abrdn Asian Income Fund (LON:AAIFGet Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as GBX 353.61 and last traded at GBX 353.20, with a volume of 148293 shares changing hands. The stock had previously closed at GBX 346.

abrdn Asian Income Fund Stock Performance

The company has a quick ratio of 0.11, a current ratio of 0.63 and a debt-to-equity ratio of 7.72. The firm has a market capitalization of £501.66 million, a P/E ratio of 6.91 and a beta of 0.70. The stock has a fifty day moving average of GBX 315.76 and a 200-day moving average of GBX 290.06.

abrdn Asian Income Fund (LON:AAIFGet Free Report) last announced its earnings results on Wednesday, March 18th. The company reported GBX 14.73 earnings per share (EPS) for the quarter. abrdn Asian Income Fund had a return on equity of 19.40% and a net margin of 89.27%.

abrdn Asian Income Fund Company Profile

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